https://www.taxtmi.com/caselaws?id=787497 Provisional attachment under PMLA was upheld where the record showed a money trail through layered transactions, shell entities and related persons linking the properties to proceeds of crime. Reliance on an Income-tax Act statement and a diary did not vitiate the action because they were corroborative and not the sole basis for attachment. The Tribunal also rejected the objection under Regulation 3 of the Adjudicating Authority (Procedure) Regulations, 2013, finding that translated statements had been supplied and that the alleged breach was unsupported. It further held that attachment may continue against persons shown as recipients or beneficiaries of proceeds of crime, and the corporate-shareholder distinction did not bar attachment on the facts. en-us Thu, 15 Jan 2026 00:00:00 +0530 Fri, 06 Mar 2026 13:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787497 Provisional attachment under PMLA was upheld where the record showed a money trail through layered transactions, shell entities and related persons linking the properties to proceeds of crime. Reliance on an Income-tax Act statement and a diary did not vitiate the action because they were corroborative and not the sole basis for attachment. The Tribunal also rejected the objection under Regulation 3 of the Adjudicating Authority (Procedure) Regulations, 2013, finding that translated statements had been supplied and that the alleged breach was unsupported. It further held that attachment may continue against persons shown as recipients or beneficiaries of proceeds of crime, and the corporate-shareholder distinction did not bar attachment on the facts. Case-Laws Money Laundering Thu, 15 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787497